In the middle of the Christmas shopping season, the PC industry is unsettled by the insolvency of an established distributor of PC hardware due to claims for copyright levies totalling millions. The issue is not new, but largely underestimated, as the case shows.
For many of our member companies, the cost burden of copyright fees is enormous. Members of the VERE e.V. Association, as distributors of products subject to royalties under the German Copyright Act (UrhG), have the opportunity to join a collective contract that VERE has concluded with the 9 copyright collecting societies and save 20 per cent of the copyright fees due. You can currently join collective contracts for mobile phones, tablets, PCs, USB sticks and memory cards, smartwatches, hard drives and external burners via VERE. Further information can be found here:
https://www.vereev.com/services/savings-on-copyright-fees-zpue/